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- (-) October 2021
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In MY 2021/22, Colombian corn, rice, and wheat demand are forecast to recover as Colombia returns to pre-pandemic economic growth levels.
Excess rains in September helped offset delayed, erratic monsoon rains of the previous months. The monsoon came to an end with an extended withdrawal in early October.
FAS Mumbai (Post) forecasts marketing year (MY) 2021/2022 cotton production at 28 million 480 lb. bales on an area of 12.4 million hectares.
Market Year (MY) 2021/22 (October-September) centrifugal sugar production will grow by three percent to 34.7 million metric tons (MMT), equivalent to 31.8 MMT of crystal white sugar, on account of higher yields.
The COVID-19 pandemic severely impacted India’s hospitality sector, which is expected take another year to reach pre-COVID conditions and sales.
The Hotel Restaurant Institutional (HRI) sector in Colombia is still rebuilding from the mandatory 6-month lockdown that caused serious economic damage across the sector.
On September 9, the Colombian government released a new resolution to decrease its ethanol blend level to four percent (E4), effective September 11. Incremental increases are scheduled in the following 90 days, culminating with E10 by January 2022.